2017: a few thoughts

2017: a few thoughts

13 January 2017

So we’re off again. Back at the races, and hoping for fewer upsets this year. Although I have no doubt that it will be full of excitement, opportunity and of course the most overused word of the moment, uncertainty. 

Inflation is the macro issue most commentators are concerned about, as currency trading and expert commentators continue to signal that markets are predicting a slowdown in the UK economy. Looking at actual business transactions though, and recent figures on consumer spending, you’d be forgiven for thinking we’re a fairly optimistic bunch on our little island.  Uncertainty will create volatility as key statements from May, Carney, Hammond, IMF, OECD, IFS and many others will shape our understanding and interpretation of the state of the nation’s public finances and corporate balance sheet.  

Working with the Property Industry Alliance (PIA), a group of property professional and membership bodies including BPF, RICS, IPF, BCO and AREF and chaired by Bill Hughes of L&G, we’re analysing the potential consequences of exiting the European Union, and how we position our industry so any deal takes into account its impact on one of the most important sectors in the economy. 

Closer to home we’ll continue to promote the contribution you all make to UK plc and the communities in which you invest and operate.  At a more tactical level we’ll be lobbying for changes to the business rates and planning systems, as well as exploring through our thought leadership role how changes in the way consumers shop is changing the shape and fabric of places.   

We are here to support you, and the entire retail property and placemaking sector to thrive and prosper. And in 2017 we aim to be more visible and accessible, so our value to you, your business and our industry is crystal clear. We will do this through our best in class networking opportunities, evolving education programme, influence with government and industry decision makers, our insightful research and by rewarding all the excellent work you all do through our awards. And as a not-for-profit all the income we generate from activities gets reinvested back into these campaigns, projects and programmes.

We cannot do what we do without the enormous support from so many of you, and I’m very excited about working with you over the next 12 months to understand, and where we can influence, all that is happening around us. 

Last but not least, please keep your eyes peeled for a series of blogs to be published shortly, from senior professionals within our industry giving a view of 2017 and the months ahead.

As always, if you would like to discuss anything at all please get in touch with either me or any of the team at hello@revocommunity.org.  If you’re not a member we’d love you to join our growing community; if you’d like to hear more please contact Erin at erin@revocommunity.org or give Erin a buzz directly on 0207 227 3459, she’d love to talk to you.

 

Ed Cooke
Chief Executive, Revo